Sunday, December 9, 2012

Why are rich Chinese Leaving the country?

It looks like 70%!of the rich are emigrating
When the rich pin the hope of their children’s education and retirement on other countries, it means that they have a pessimistic view regarding the improvement of their country’s education and social security. When people flee a country just to protect their assets, it’s further proof that they do not hold too much hope for the country’s rule of law.
So what should the government do to reverse this talent exodus?
If (China can)...improve public services, accelerate the process of the rule of the law and put an end to corruption as fast as possible, China will become a pleasant country to live in. And then, I’m convinced that the rush to exile by the rich will come to a halt
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1 comment:

  1. "If (China can)...improve public services, accelerate the process of the rule of the law and put an end to corruption as fast as possible"

    People who live there have told me something different: If you are wealthy and you compete with businesses that have political power, they will get you sent to jail.

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